近日，中國(guo)證(zheng)(zheng)監會決定將證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)短期公(gong)(gong)司(si)(si)(si)(si)債券(quan)(quan)(quan)(quan)(quan)業務(wu)(wu)試點范圍擴展(zhan)(zhan)(zhan)至所(suo)(suo)(suo)有證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)，同時，允許證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)開展(zhan)(zhan)(zhan)融資(zi)融券(quan)(quan)(quan)(quan)(quan)收(shou)益(yi)權資(zi)產證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化業務(wu)(wu)，進一步(bu)拓寬證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)融資(zi)渠道(dao)，支(zhi)持(chi)證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)業務(wu)(wu)穩步(bu)開展(zhan)(zhan)(zhan)。為此，上交所(suo)(suo)(suo)積極落實上述(shu)兩項(xiang)業務(wu)(wu)。例如，上交所(suo)(suo)(suo)提高證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)短期公(gong)(gong)司(si)(si)(si)(si)債券(quan)(quan)(quan)(quan)(quan)業務(wu)(wu)的處理(li)效率：目(mu)前(qian)已(yi)有多家兩融余額排名靠前(qian)的證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)公(gong)(gong)司(si)(si)(si)(si)已(yi)聯系(xi)上交所(suo)(suo)(suo)咨詢兩融資(zi)產證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化業務(wu)(wu)流程及方案要點，上交所(suo)(suo)(suo)亦大力支(zhi)持(chi)并協助其(qi)準(zhun)備、完善兩融資(zi)產證(zheng)(zheng)券(quan)(quan)(quan)(quan)(quan)化項(xiang)目(mu)。

　　據(ju)了解，一(yi)方面(mian)，上交(jiao)(jiao)所切(qie)實促進證(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)司(si)(si)(si)(si)短(duan)期(qi)(qi)公(gong)(gong)(gong)司(si)(si)(si)(si)債(zhai)(zhai)券(quan)(quan)業(ye)(ye)務(wu)開(kai)展。自去(qu)年中(zhong)國證(zheng)(zheng)監會發布20家證(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)司(si)(si)(si)(si)試(shi)點發行短(duan)期(qi)(qi)公(gong)(gong)(gong)司(si)(si)(si)(si)債(zhai)(zhai)券(quan)(quan)相關通知以來，上交(jiao)(jiao)所積(ji)極推(tui)動該業(ye)(ye)務(wu)的咨(zi)詢(xun)、輔(fu)導、備(bei)案和掛牌轉讓等工作，并(bing)于(yu)近期(qi)(qi)將短(duan)期(qi)(qi)公(gong)(gong)(gong)司(si)(si)(si)(si)債(zhai)(zhai)券(quan)(quan)納入非公(gong)(gong)(gong)開(kai)發行公(gong)(gong)(gong)司(si)(si)(si)(si)債(zhai)(zhai)券(quan)(quan)業(ye)(ye)務(wu)管理，繼續為證(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)司(si)(si)(si)(si)提供短(duan)期(qi)(qi)融資服務(wu)。截至(zhi)目前，已有累計13家證(zheng)(zheng)券(quan)(quan)公(gong)(gong)(gong)司(si)(si)(si)(si)（含證(zheng)(zheng)金公(gong)(gong)(gong)司(si)(si)(si)(si)）在上交(jiao)(jiao)所申報發行短(duan)期(qi)(qi)公(gong)(gong)(gong)司(si)(si)(si)(si)債(zhai)(zhai)券(quan)(quan)，備(bei)案金額達(da)1464億元；其中(zhong)27只已完(wan)成發行，發行金額合計914億元，加(jia)權平(ping)均(jun)利率為5.35%。

　　此次擴(kuo)大試點范圍至所(suo)(suo)有證(zheng)券(quan)公(gong)司(si)后，證(zheng)券(quan)公(gong)司(si)更是反應積(ji)極(ji)，不少已主動聯(lian)系上(shang)交(jiao)所(suo)(suo)咨詢相關業務流程。上(shang)交(jiao)所(suo)(suo)對業務試點擴(kuo)容表示積(ji)極(ji)支(zhi)持(chi)，將(jiang)在項目(mu)申報管理上(shang)提高處理效率，項目(mu)材(cai)料齊備(bei)的，將(jiang)由專人負責，并在5個(ge)工作日內(nei)出(chu)具掛牌轉讓無異議(yi)函，大力(li)推動證(zheng)券(quan)公(gong)司(si)短期公(gong)司(si)債券(quan)業務的全面鋪(pu)開。

　　另一方面，上交(jiao)所(suo)全力推動(dong)證券(quan)公(gong)司兩(liang)融(rong)(rong)(rong)資(zi)(zi)(zi)產(chan)(chan)證券(quan)化(hua)業(ye)務(wu)落實(shi)。近年來，證券(quan)公(gong)司融(rong)(rong)(rong)資(zi)(zi)(zi)融(rong)(rong)(rong)券(quan)業(ye)務(wu)市場規(gui)模快速增長(chang)。截至今(jin)年6月底，滬(hu)深兩(liang)市融(rong)(rong)(rong)資(zi)(zi)(zi)余(yu)額已接近2萬億元，其中滬(hu)市融(rong)(rong)(rong)資(zi)(zi)(zi)余(yu)額為(wei)1.27萬億元。總體上，兩(liang)融(rong)(rong)(rong)業(ye)務(wu)的(de)(de)風險控制措施較為(wei)完善，屬于(yu)證券(quan)公(gong)司的(de)(de)優(you)(you)質(zhi)(zhi)資(zi)(zi)(zi)產(chan)(chan)。兩(liang)融(rong)(rong)(rong)資(zi)(zi)(zi)產(chan)(chan)證券(quan)化(hua)是將證券(quan)公(gong)司融(rong)(rong)(rong)資(zi)(zi)(zi)融(rong)(rong)(rong)券(quan)業(ye)務(wu)中產(chan)(chan)生的(de)(de)融(rong)(rong)(rong)出(chu)資(zi)(zi)(zi)金債權(quan)進行(xing)資(zi)(zi)(zi)產(chan)(chan)證券(quan)化(hua)，可以(yi)盤活證券(quan)公(gong)司的(de)(de)優(you)(you)質(zhi)(zhi)存量資(zi)(zi)(zi)產(chan)(chan)，為(wei)證券(quan)公(gong)司提供(gong)合規(gui)和低成本的(de)(de)融(rong)(rong)(rong)資(zi)(zi)(zi)渠道，可促進融(rong)(rong)(rong)資(zi)(zi)(zi)融(rong)(rong)(rong)券(quan)業(ye)務(wu)的(de)(de)良(liang)性循環(huan)。

　　前期，在中國(guo)證監會(hui)的(de)(de)指導下，上(shang)交所(suo)已(yi)(yi)與相(xiang)關證券(quan)公司(si)對(dui)兩(liang)融(rong)(rong)資(zi)(zi)(zi)產證券(quan)化(hua)(hua)的(de)(de)可行(xing)(xing)性進行(xing)(xing)了論(lun)證，并形成(cheng)了較為(wei)成(cheng)熟的(de)(de)項目方(fang)案。證監會(hui)宣布允(yun)許(xu)證券(quan)公司(si)開展兩(liang)融(rong)(rong)資(zi)(zi)(zi)產證券(quan)化(hua)(hua)業(ye)務后，多家兩(liang)融(rong)(rong)余額排名(ming)靠(kao)前的(de)(de)證券(quan)公司(si)已(yi)(yi)聯系上(shang)交所(suo)咨(zi)詢相(xiang)關業(ye)務流(liu)程及方(fang)案要點，并積(ji)極準備(bei)兩(liang)融(rong)(rong)資(zi)(zi)(zi)產證券(quan)化(hua)(hua)項目。上(shang)交所(suo)將大力支持證券(quan)公司(si)開展兩(liang)融(rong)(rong)資(zi)(zi)(zi)產證券(quan)化(hua)(hua)業(ye)務，協助證券(quan)公司(si)完善項目方(fang)案，提(ti)高(gao)掛牌轉讓申請受理(li)效率(lv)，同時做(zuo)好業(ye)務開展中的(de)(de)風(feng)險把控。